Category: Business Advisory Services

While many businesses often possess intangible value such as goodwill, small and medium size businesses in particular can possess what can be described as “personal goodwill”. We have all heard this story before; an owner-operated small business is sold, and profits sharply drop thereafter, pushing the business to the brink of bankruptcy. “It hasn’t been […]

It’s always beneficial to be prepared for various eventualities over the life of business ownership. Like many things, the importance of having a well-drafted shareholder agreement only comes to light after it’s too late. Here are the basics. WHAT IS A SHAREHOLDER AGREEMENT? A shareholder agreement is a formal document that outlines the expectations among […]